EBRD launches assessment tool to help mitigate coronavirus impact

Insight into how to best assist the vulnerable and protect business continuity, survival and jobs

  • Many businesses in EBRD regions affected by the pandemic will need
    restructuring support
  • National legislation assessment will assist in addressing gaps in
    insolvency frameworks
  • Online questionnaire will be available for public consultation until
    31 October 2020

The European Bank for Reconstruction and Development (EBRD) has launched an assessment today that aims to provide detailed guidance on legislative gaps to address an expected increase in businesses ...

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Business Support Office to receive funding from the UK Government to help continue operations and address the economic impact of Covid-19 on SMEs

The UK Government’s Good Governance Fund (GGF) will be supporting the operation of the EBRD backed Business Support Office (BSO) in Armenia. The GGF will also help the BSO to take forward a series of targeted activities to address the economic impact of Covid-19 on SMEs in Armenia.  

The BSO facilitates a platform for policy dialogue between the Government of Armenia and the private sector, as well as providing economic and legal expertise to encourage a more favourable investment ...

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The BSO introduced business community assistance activities in Armenia during COVID-19 at the EBRD’s Investment Council online Conference

Held annually, the EBRD’s Investment Council Conference this year was in a virtual format. The conference held on June 2-3, 2020 focused on the Investment Councils role in supporting the EBRD’s Countries of Operation in the economic recovery from the Covid-19 pandemic.

The opening session was held by  Maya Tskitishvili, Vice Prime Minister of Georgia, Anila Denaj, Minister of Economy & Finance of Albania, Jurgen Rigterink, First Vice President, EBRD  and Mattia Romani, Managing Director Economics, Policy & Governance, EBRD ...

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”Capital Investments and Capital Markets. Establishment of favourable legislative and institutional environment” workshop was held

On December 13, the first workshop ”Capital Investments and Capital Markets. Establishment of favourable legislative and institutional environment” of the series of workshops initiated by the Government of the Republic of Armenia was held.

The Business Support Office, funded by the European Bank of Reconstruction and Development (EBRD) co-organised the workshop with the RA ...

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BSO took part in the regular meeting of the Extended Public Income Policy Improvement Council under the Ministry of Finance

On November 26, 2019 the Business Support Office participated in the regular meeting of the Extended Public Income Policy Improvement Council, which was also attended by representatives of the RA Ministry of Finance, other agencies and internationally renowned consulting organizations. During the meeting Deputy Minister of Finance Arman Poghosyan presented the draft “Strategy of Tax Reform Implementation in the Republic of Armenia” and the directions of property tax reform.

The session also discussed organizational issues related to the implementation ...

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BSO provided expertise to business idea generators in Gyumri

On November 7 and 8, within the framework of the Open Gyumri initiative, experts from the Business Support Office shared their professional experience to assist new business ideas presented in the framework of the Gyumri’s Tigran the Great Project.
Business registration and tax regimes in Armenia were introduced by our expert Hovsep Patvakanyan.
Our Senior Consultant Gevorg Poghosyan presented the factors needed to bring to life about two dozen business ideas generated in Gyumri.

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How to Make a Small Business Medium? Meeting with Entrepreneurs on Mentor Support took place in frames of #Գործարա® business development platform

A number of business support organizations in Armenia, including the National SME Development Center of Armenia, the EBRD-funded Business Support Office, the SME Cooperation Association, BSC Business Support Center, Makichyan Consulting, business development expert Narek Aleksanyan and other supporting organizations and professionals are continually implementing a number of events and enabling entrepreneurs to help businesses develop the business environment in Armenia in frames of Գործարա® business development platform.

On October 29, a meeting was held between the organizers and businessmen, who ...

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SME Development Strategy 2020-2024 was discussed with international organizations

On October 22, RA Deputy Minister of Economy Naira Margaryan discussed the 2020-2024 Strategy for Small and Medium Entrepreneurship Development in Armenia. The meeting was attended by representatives of international organizations, embassies, as well as by the Economist Consultant to the Business Support Office.

Deputy Minister Naira Margaryan presented to the participants the draft Small and Medium Entrepreneurship Development Strategy 2020-2024, noting that it aims to promote medium-term entrepreneurship in Armenia, increase productivity of SMEs, support the growth of ...

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The Head of BSO emphasized the importance of PPD in frames of International Compliance and Anti-Corruption Congress 2019

The Head of Business Support Office Gevorg Poghosyan participated in the panel discussion on Good Compliance and Anti-Corruption Practices in the framework of the International Compliance and Anti-Corruption Congress 2019 organized on September 24th at Marriott Yerevan. During the discussion Gevorg Poghosyan highlighted the importance of effective and regular Public-Private dialogue in the development of anti-corruption mechanisms.

The Congress was in scope of attention of the Government officials with attendance and opening by RA Deputy Minister Tigran Avinyan, RA ...

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